Non-Aligned summit calls for a new economic order

UNCTAD I convened in Geneva to debate commodity trade, market access and development finance at a time when newly independent states sought greater influence over trade rules.

At the end of UNCTAD I, 77 states issued a joint declaration, creating the Group of 77 as a collective negotiating voice on economic development.

Delegates from Africa, Asia and Latin America met to coordinate solidarity among liberation struggles against colonialism and imperialism.

The Organization of Solidarity with the Peoples of Asia, Africa and Latin America established its executive secretariat to sustain cross-continental support after the Havana conference.

G77 ministers set out a common agenda for development, trade and solidarity, strengthening the group’s continuing institutional role.

The General Assembly decided to hold a special session on development and international economic cooperation, bringing demands from non-aligned countries onto the UN agenda.

The General Assembly convened to address raw materials and development, giving developing states a venue to press for changes in the international economic system.

Algerian president Houari Boumediene addressed the special session, calling attention to unequal exchange and the right of countries to control their natural resources.

Resolution 3201 (S-VI) asserted sovereign equality, control over natural resources and a fairer international economic order.

Resolution 3202 (S-VI) set out measures on trade, industrialization, technology and financing to put the New International Economic Order agenda into action.